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DSCR loan in Truckee, CA is based on the property's cash flow without the borrower's income verification.
DSCR stands for “long-term debt service coverage ratio.” These loans are for real estate investors who wish to grow their property portfolio in Truckee, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Truckee, CA can be assured that by working with Horizon Lending Services, we will always provide the best opportunities at the best possible rates.
If you are looking at a single-family home, condo, townhome, or multiplex, our Truckee, CA real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans offer several advantages to borrowers in Truckee, California. These loans provide greater flexibility in terms of income requirements, enabling borrowers to qualify based on the property's income rather than relying solely on personal income. Additionally, DSCR loans typically have lower interest rates compared to traditional loans, resulting in cost savings over the life of the loan. Truckee, California, is a picturesque town located in the Sierra Nevada mountains, known for its stunning natural beauty and outdoor recreational opportunities. The town has a population of around 16,000 residents, with a median household income of $82,000. Truckee's economy is driven by tourism, with many visitors flocking to the area for skiing, hiking, and other outdoor activities. In recent years, Truckee's housing market has experienced steady growth, with a median home price of $700,000. The market offers a mix of single-family homes, condos, and vacation properties, catering to a range of buyers. The demand for housing in Truckee remains strong, driven by the town's proximity to Lake Tahoe and its reputation as a year-round recreational destination. Truckee boasts a variety of attractions, including historic downtown with its charming shops and restaurants, numerous hiking and biking trails, and world-class ski resorts like Northstar California and Sugar Bowl Resort. The town also hosts events and festivals throughout the year, showcasing the local culture and community spirit.
Benefits of DSCR Loan in Truckee, California
